Filing Flows › Xometry (XMTR) › Q3 2026 › vs Q2 2026
Xometry (XMTR) Q3 2026 vs Q2 2026 (quarter over quarter)
Xometry's revenue rose $23.2M (+10%) from $229M in Q2 2026 to $252M in Q3 2026. The biggest changes: Marketplace Revenue +$22.6M (+11%); Supplier Service Revenue +$524K (+4%). Gross margin 39.1% against 38.0% (+1.1 pts).
Xometry, Q3 2026: revenue $252M (+40% year over year), operating margin 0.0%, net earnings $1.9M, operating cash flow $7.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 39.1% | 38.0% | +1.1 pts |
| Operating margin | 0.0% | -2.4% | +2.4 pts |
| Net margin | 0.8% | -2.3% | +3.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Marketplace Revenue | $238M | $215M | $22.6M | +11% |
| Supplier Service Revenue | $14.4M | $13.9M | $524K | +4% |
| Revenue | $252M | $229M | $23.2M | +10% |
| Gross profit | $98.7M | $87.2M | $11.5M | +13% |
| Cost of revenue | $154M | $142M | $11.6M | +8% |
| Other income, net | $2.6M | $585K | $2.0M | +341% |
| Operating profit | $57K | −$5.5M | $5.6M | — |
| Operating expenses | $98.6M | $92.7M | $5.9M | +6% |
| Pre-tax earnings | $2.6M | −$5.0M | $7.6M | — |
| Research & development | $16.1M | $13.0M | $3.1M | +24% |
| Sales & marketing | $35.6M | $33.6M | $2.0M | +6% |
| General & admin | $23.7M | $24.7M | −$1.0M | -4% |
| Other operating costs | $23.3M | $21.4M | $1.9M | +9% |
| Net earnings | $1.9M | −$5.3M | $7.2M | — |
| Income tax | $704K | $354K | $350K | +99% |
| Operating cash sources | $19.4M | $11.9M | $7.5M | +64% |
| Depreciation & amortization | $6.2M | $5.8M | $349K | +6% |
| Share-based compensation | $11.3M | $11.3M | −$58K | -0.5% |
| Working capital & other | $11.5M | $8.9M | $2.6M | +29% |
| Operating cash flow | $7.9M | $2.9M | $4.9M | +170% |
Questions
How much did Xometry's revenue grow quarter over quarter in Q3 2026?
Xometry's revenue rose $23.2M (+10%) from $229M in Q2 2026 to $252M in Q3 2026.
What drove Xometry's revenue change in Q3 2026?
Marketplace Revenue +$22.6M (+11%); Supplier Service Revenue +$524K (+4%).